Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Palestinian Ministry of Health: Two were martyred in Israeli shelling that targeted a besieged house in the town of Qabatiya in Jenin
At least 68 dead in migrant shipwreck off Yemen: IOM
Trump: We want to feed the people in Gaza, we do not want them to starve.
US President Donald Trump: We will impose sanctions on Russia if it does not end the war on Ukraine.
Israeli media: Polls show that 52% oppose Prime Minister Benjamin Netanyahu while only 29% support him.
Israeli media: 32% of Americans still support "Israel's" war on Hamas, while 60% oppose it.
Israeli media: Core US support for "Israel" hits its lowest, while support for Palestine reaches its highest levels.
Al Mayadeen's correspondent reports martyrs, injuries in Israeli bombardment of home in Heker al-Jame area in Deir al-Balah, central Gaza.
Al-Quds Governorate: Today, the spatial division of Al-Aqsa Mosque began in a public and dangerous manner, and we warn of a religious war in the region
The Ministry of Health in Gaza: This brings the total number of victims of famine and malnutrition to 175, including 93 children

US using tariffs as weapon, punishment against Russia

  • By Al Mayadeen English
  • Source: Agencies
  • 22 Jun 2022 20:39
3 Min Read

Washington looks to add more pressure on Russia.

  • x
  • Katherine Tai speaks after then President-elect Joe Biden announced her nomination to be U.S. trade representative, in Wilmington, Delaware, on Dec. 11, 2020. (Reuters)
    Katherine Tai (Reuters)

The United States has been using tariffs as a weapon and punishment against Russia, according to Katherine Tai, a trade representative who spoke to Congress today, Wednesday.

"Tariffs are like 2x4s. They can be used for lots of different purposes. With respect to Russia, these tariffs are punishment. We are using these 2x4s as a kind of a weapon," Tai told a US Senate Appropriations subcommittee.

"We are continuing to engage in the administration through our conversations also with other partners and allies to look at how we can use these new authority to impose additional consequences on imports from Russia," Tai said. 

The US raised tariffs on 75% of Russian imports

After the suspension of normal trade ties with Russia, the US increased tariff rates on more than 75% of Russian imports, revealed Tai. 

Related News

Pro-'Israel' Democrats breaking with Netanyahu amid Gaza war

Cholera devastates Darfur region amid conflict, US aid cuts

"As a result of the bill that Congress passed and that the president signed into law earlier this spring, the United States has with respect to trade suspended permanent normal trade relations with Russia. And that means we've imposed non-MFN [most favored nation] tariffs on imports from Russia. That action alone has increased tariff rates on over 75% of US imports from Russia," she said.

The US wants to take apart the Russian economy 

Washington seeks to take apart the Russian economy, or in its own words, its "supply chain".

In April, the Deputy Treasury Secretary, Wally Adeyemo, announced that Washington wants to dismantle Russia's "war machine" by disrupting its defense industry and supply chain. 

"The next phase of our work will be to take apart Russia’s ‘war machine’ piece by piece by disrupting their military-industrial complex and its supply chain," Adeyemo said in a virtual discussion organized by the Peterson Institute for International Economics.

However, this isn't so new. 

In earlier April, US President Joe Biden said the United States and its allies will continue to ratchet up economic costs on the country and further isolate it.

He also claimed that the sanctions imposed on Russia have wiped away Russia's economic development over the last 15 years.

"Our sanctions are lucky to wipe out the last 15 years of Russia's economic gains and because we have cut Russia off from importing technologies like semiconductors and encryption security and critical components of quantum technology that they need to compete in the 21st century. We are going to stifle Russia's ability as an economy to grow for years to come," Biden said in an address to North America’s Building Trades Unions (NABTU) Legislative Conference.

  • United States
  • Russia
Russia & NATO

Russia & NATO

As the Draconian Western-led sanctions on Russia exacerbate the economic crisis worldwide, and as Russian troops gain more ground despite the influx of military aid into Ukraine, exposing US direct involvement in bio-labs spread across Eastern Europe and the insurgence of neo-Nazi groups… How will things unfold?

Most Read

A rescued crew member from the ETERNITY C vessel in a video released by the Yemeni Armed Forces on July 28, 2025 (Yemeni Military Media)

Yemen Navy reveals fate of targeted Eternity C ship crew

  • Politics
  • 28 Jul 2025
An Israeli tank explodes following an ambush by al-Qassam Brigades in Gaza, Occupied Palestine, undated (Al-Qassam Military Media)

Al-Qassam strikes Israeli vehicles in Gaza, inflicts casualties

  • Politics
  • 30 Jul 2025
UAE lodges complaint against Israeli ambassador over 'misbehavior'

UAE lodges complaint against Israeli ambassador over 'misbehavior'

  • Politics
  • 1 Aug 2025
Protesters chant anti-Israeli slogans as they carry a banner that reads:" Freedom for Palestine, Alliance stop the war," during a demonstration in support of Palestinians in Gaza, outside the Israeli embassy, in Athens, Monday, June 9, 2025 (AP)

Athens mayor slams Israeli ambassador over Gaza war, graffiti claim

  • Politics
  • 3 Aug 2025

Coverage

All
The Ummah's Martyrs

Read Next

All
A member of the al-Qassam Brigades, the armed wing of Hamas, takes part in a parade as he celebrates a ceasefire agreement between Hamas and the Israeli regime in Deir al-Balah, Gaza Strip, Sunday, January 19, 2025 (AP)
Politics

Al-Qassam: We’ll allow aid to Israeli captives if Gaza siege ends

Freed Lebanese freedom fighter Georges Abdallah during an interview on Al Mayadeen, which aired on Sunday, August 3, 2025 (Al Mayadeen screengrab)
Politics

Exclusive: Resistance key to building state, Georges Abdallah says

United Nations Secretary General Antonio Guterres gives a statement about the situation in Gaza at UN headquarters, Friday, June 27, 2025 (AP)
Politics

UN warns Gaza faces water crisis, looming famine under Israeli siege

Israeli soldiers drive their armored personnel carrier along the Gaza Strip, in southern occupied Palestine, Wednesday, July 30, 2025 (AP)
Politics

Ex-Israeli general says Gaza starvation campaign isolated 'Israel'

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS